Verisign exec. chairman sells $1,005,658 in common stock
D. James Bidzos, the Executive Chairman, President, and CEO of VeriSign Inc., sold 3,200 shares of the company's common stock on September 22, 2026, for a total of $1,005,658. The sold shares were spread across multiple transactions, each priced between $298.81 and $309.05. The timing of this sale is significant, as VeriSign's stock is currently near its 52-week high of $312.48, following a substantial 22% increase over the past six months.
Following these sales, Bidzos directly owns 385,027.4109 shares of VeriSign common stock. According to InvestingPro, the stock appears to be overvalued relative to its fair value, placing it among companies in the Most Overvalued list. Investors can obtain a more detailed analysis through VeriSign's comprehensive Pro Research Report.
Recently, VeriSign announced its second-quarter 2026 financial results, which were mixed. While the company's earnings per share were $2.38, below the estimated $2.45, its revenue reached $434.6 million, slightly above expectations of $433.83 million. This revenue figure represents a 6% increase compared to the previous year, fueled by persistent demand for domain names.
Furthermore, VeriSign has raised its full-year guidance. Despite these updates, the stock's movement remained limited. This report was produced with the help of AI and reviewed by an editor.
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